HPAS General Studies III – Unit I, Sub-Unit 1

PAPER-VI ( GENERAL STUDIES-III ) UNIT–I : SUB UNIT–1 Syllabus

• Characteristics of Indian Economy: Demographic Profile, Demographic Dividend and Population Policy.
• Sectoral Composition with respect to contribution to Gross Domestic Product (GDP) and Employment.
• Poverty and Inequality, Unemployment, Inflation in India.
• Industrial Growth in India.
• Regulatory framework for money and banking: Reserve Bank of India (RBI), Commercial banks and Regional Rural Banks.
• Monetary policy, Foreign exchange, Balance of Payment Scenario.
• Foreign Trade: Policy, Composition and Direction, Impact of Liberalization / Privatization and Globalization.

PAPER-VI ( GENERAL STUDIES-III ) UNIT–I : SUB UNIT–1 PYQ

The questions belonging to UNIT–I: Economy and Development (India & H.P.), SUB UNIT–1: Indian Economy (Characteristics, Macroeconomics, Trade), which covers topics such as Demographic Profile, Poverty, Unemployment, Inflation, Industrial Growth, RBI/Banking, Monetary Policy, Foreign Trade, and the impact of Liberalization, are listed below year-wise:

1. Critically analyse the interplay between India’s demographic dividend and its population policy, highlighting the challenges in leveraging the demographic dividend to reduce poverty and inequality. (Q. 1, 2025)
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2. Examine the trajectory of industrial growth in India post-1991 reforms, focusing on the challenges of unemployment and skill development. (Q. 2, 2025)
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1. How has the Indian financial sector adapted to the increasing adoption of digital banking and fintech innovations?. (Q. 1, 2024)
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2. How is the adoption of Industry 4.0 technologies, such as automation and artificial intelligence, transforming Indian manufacturing?. (Q. 2, 2024)
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3. What are the key export markets for Indian agricultural products, and how are trade policies shaping these exports?. (Q. 11, 2024)
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1. Explain two monetary measures to curb rising inflation. (Q. 1, 2023)
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2. Write about the unemployment rate in India in recent years. (Q. 2, 2023)
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3. What is Sovereign Gold Bond (SGB)? Who is the issuer?. (Q. 3, 2023)
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4. How has protectionism affected world trade?. (Q. 4, 2023)
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5. Discuss the latest trends in economic inequalities in India. (Q. 16, 2023)
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6. Explain the main features of Indian Foreign Trade Policy 2023 and discuss how it will help in attaining the trade-related objectives. (Q. 27, 2023)
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1. What is capital account convertibility?. (Q. 3, 2021)
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2. Discuss various challenges being faced by Indian Commercial Banks in the current scenario. (Q. 16, 2021)
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3. Discuss the new development strategy adopted in the Indian economy. (Q. 26, 2021)
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1. What is Cash Reserve Ratio?. (Q. 1, 2019)
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2. What is Balance of Payment?. (Q. 2, 2019)
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3. Define frictional unemployment. (Q. 3, 2019)
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4. What is a dear monetary policy?. (Q. 4, 2019)
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1. Write four important features of the new trade policy of India. (Q. 1, 2018)
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2. Name any four challenges before commercial banks in India today. (Q. 2, 2018)
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3. What is Inflation targeting?. (Q. 3, 2018)
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1. What role can the RBI play in tackling bank scams?. (Q. 1, 2017)
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2. What are the advantages of a cashless economy?. (Q. 2, 2017)
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3. More than 45% of India’s population is below the age of 25 years. How can it be a boon for the economy?. (Q. 4, 2017)
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4. “Expansion of the manufacturing sector is critical to employment generation in India.” Comment. (Q. 16, 2017)
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1. What is Demographic Dividend? Explain it in the Indian context. (Q. 4, 2016)
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2. Explain the main characteristics of the Indian Economy as an emerging economy. (Q. 18, 2016)
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3. What were the main objectives of the demonetisation scheme of 2016? How far were these objectives achieved? Analyse critically its impacts on the Indian Economy. (Q. 26, 2016)
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